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Special Mortgage Rates from Liberty Bank in Chicago

Posted by mortgage 278 days ago (Editorial)

CHICAGO--(BUSINESS WIRE)--A local mortgage lender in Chicago, Liberty Bank for Savings, is offering special mortgage rates despite a tumultuous housing market

Chicago Federal Home Loan Bank joins chorus challenging BofA mortgage pact

Posted by mortgage 314 days ago (Editorial)

(Reuters) ? Six of the Federal Home Loan Banks and another investor are seeking to intervene in Bank of America Corp.'s $8.5 billion settlement with investors in soured mortgage-backed securities, signaling growing opposition to the accord.

National consumer agency would upend structure (Chicago Tribune)

Posted by mortgage 1015 days ago (Editorial)

Obama's proposal to strip regulatory power from as many as eight federal agencies is meeting resistance from those who say another bureaucracy could stifle innovation in financial products. Congress gave the Federal Reserve the power to enact rules to protect consumers from unscrupulous mortgage lending in 1994. But as the years passed and risky subprime loans inflated the housing bubble, ...